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302 Ohai Place Wahiawa HI 96786 Central Region Wahiawa Area Neighborhood Detail View - 1 Multi-Family Properties Found

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List Date Minimum: 03-22-2008
MLS#: 2711955

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$999,000 - Wahiawa Area - 302 Ohai Place - http://www.OahuRE.com/MLSNUM2711955P3

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MLS#:
2711955
Total Units:
10
Address:
302 Ohai Place Wahiawa HI 96786
Status:
Sold Status Color Guide
Sq. Ft. Int.
4,756
Region:
Central, Activity, Street Activity
Price:
$999,000 $5,994 We Save You
Land:
5,931
Neighborhood:
Wahiawa Area, Activity, Statistics
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Original:
$1,200,000
Days:
126 List Date: 06-22-2007 $2,975 Year: 2007
Change:
$-201,000   -16.75%
Year Built:
1957 Remodeled:
Land:
FS - FEE SIMPLE
1-7-3-001-039-0000
View:
None
Condition:
Average
 
Description:
10 unit apartment building at the beginning of Wahiawa town. 8 - one bedroom units and 2 - two bedroom units. Two story concrete construction, with wooden roof. 6 parking stalls. Good steady income, Great property for 1031 replacement. Rentals are below market rates and can be raised. All tenants on month to month leases.Seller says sell today! make offer
 
Amenities:
None Construction: Concrete Disclosures: None Land Recorded: Land Court Possession: Subject To Tenance Terms: Cash, Conventional Listing Courtesy: Em International Realty Cor
 
Sold Price:
$900,000
Land:
$464,900
Studios:
Closed:
01-10-2008
Improvements:
$363,900
1 Bed:
8
Ratio:
90%
Assessed Total:
$828,800
2 Bed:
2
Concession: $5,000
Assessed Ratio:
120.54%
3 Bed:
 
   
Zoning:
12 - A-2 MEDIUM DENSITY APARTME
Number of Parking:
6
   
Average Sq Ft Land:
$168.44
Parking Tenant:
Assigned
   
Acres:
0.1362
Parking Guest:
None
 
Sewer:
Connected
Meters:
Electric, Individual
Rental Income:
$83,880
Laundry:
Individual
Lessee Pays:
Electric, Parking
Income Other:
$0
Roofing:
Pitch & Gravel
Elevators:
None
Income Total:
$83,880
Set-Backs:
Of Record
Recreation Facility:
None
Annual Expenses:
$25,164
Easements:
None
Building Type:
Apartments
Expenses Include:
Other, Property Tax, Repair Maintenance, Sewer Fee
Frontage:
Other
Estimated CAP Rate:
5.88%
Income Net:
$58,716
 
Nearby
Neighborhoods: Wahiawa Heights, Mililani Area, Whitmore Village, Mililani Mauka, Wilikina
Links:
Map, Schools, Hospitals, Restaurants, Gyms, Tax, Parcel, Permits, Tax Map, Sex Offender, Census, Yelp Reviews, Local Schools, Zillow
Commuting:
Waikiki, Downtown, Ala Moana, Airport, Kapolei, Hawaii Kai, Kailua Town, Windward Mall, Waikele, North Shore
  Barbers Point, Camp Smith, Fort Shafter, Hickam, Lualualei, K-Bay Marine, Pearl Harbor, Schofield, Trippler, Wheeler
 
Estimated Closing Cost for Buyer: Escrow: $1,224, Title Insurance: $1,367, Lender Title Insurance: $250, Lender Fee: $595, 1 Point on Loan (assumes 10% down): $8,991, Appraisal: $650, Home Inspection: $495, Closing Reserve: $350, Taxes: $1,488, Other Fees: $200, Total Estimated Closing Costs: $15,610 less OahuRE Rebate $5,994 = $9,616
 
Estimated Closing Cost for Seller: 4.5% Commission: $44,955, Escrow: $1,224, Title Insurance: $2,051, Conveyance Tax: $1,998, Survey: $1,000, Termite Inspection: $600, Other Fees: $50, Total Estimated Closing Costs: $51,878
 

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Estimated Monthly Payment 30 Year Fixed Rate Mortgage

Rate:
4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00%
0% Down
$4,914.48$5,061.79$5,211.26$5,362.85$5,516.51$5,672.21$5,829.89$5,989.51
3.5% Down
$4,742.47$4,884.62$5,028.86$5,175.15$5,323.44$5,473.68$5,625.85$5,779.88
10% Down
$4,423.03$4,555.61$4,690.13$4,826.56$4,964.86$5,104.99$5,246.90$5,390.56
20% Down
$3,931.58$4,049.43$4,169.01$4,290.28$4,413.21$4,537.77$4,663.91$4,791.61

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History for this MLS#: 2711955

Date Field Name Old Value New Value
June 22, 2007, 4:28 am Status Not Listed Active
August 20, 2007, 2:29 am Price $1,200,000 $1,100,000
October 15, 2007, 4:57 am Price $1,100,000 $999,000
October 26, 2007, 12:58 am Status Active Pending
January 10, 2008, 11:42 am Status Pending Closed

History of other MLS#'s for this property since January 2004:

List Date MLS# TMK Status Days Original Price Sold

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$999,000 - 302 Ohai Place - http://www.OahuRE.com/MLSNUM2711955P3

Mobile Link: $999,000 - 302 Ohai Place - http://www.OahuRE.com/mobile/MLSNUM2711955P3

History of Sales from Honolulu Property Tax


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Averages for 1 SOLD Listings
Days on Market:
126
Assessed Improvements:
$363,900
List Price:
$999,000
Assessed Land:
$464,900
Sold Price / Ratio:
$900,000 / 90.09%
Assessed Value:
$828,800
Land:
5,931
Assessed Ratio:
120.54%
Interior:
0
Tax:
$2,975
Year Built:
1957
Beds:
0
Average Land:
$168
Average Interior:
$0


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Information is based on data available to the associate, including county records. The information has not been verified by the associate and should be verified by the buyer.

Based on the information from the Multiple Listing Service of the Honolulu Board of REALTORS® active listings last updated on 03.22.10. Information is deemed reliable but not guaranteed. Copyright: 2007 by the Honolulu Board of REALTORS®.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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